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2023-03-31-accounts

ANWAR-E-MADINA ACADEMY

1[ST] FLOOR 168 LADYPOOL ROAD SPARKBROOK BIRMINGHAM B12 8JS

F I N A N C I A L S T A T E M E N T S

YEAR ENDED 31 MARCH 2023

KAISER NOUMAN NATHAN LLP

57 ALFRED STREET BIRMINGHAM B12 8JP

A.306//MS/NS/HQ

01 AUGUST 2023

ANWAR-E-MADINA ACADEMY

YEAR ENDED 31 MARCH 2023

C O N T E N T S
ASSOCIATION INFORMATION
REPORT OF THE MANAGEMENT COMMITTEE
REPORT OF THE INDEPENDENT EXAMINERS
STATEMENT OF FINANCIAL ACTIVITIES
BALANCE SHEET
NOTES TO THE ACCOUNTS		 PAGE
1
2
3
4
5
6

ANWAR-E-MADINA ACADEMY

YEAR ENDED 31 MARCH 2023

ASSOCIATION INFORMATION

CHARITY REGISTRATION NUMBER 1108373
CHAIRMAN MR MOHAMMED ISHTIAQ
TRUSTEES MR MOHAMMED ISHTIAQ
MR SHAHID HUSSAIN
MR MOHAMMED AMER
MR MOHAMMED AFTAB
MR MOHAMMED AWAIS FIAZ
ADDRESS 1STFLOOR
168 LADYPOOL ROAD
SPARKBROOK
BIRMINGHAM
B12 8JS
INDEPENDENT EXAMINERS KAISER NOUMAN NATHAN LLP
57 ALFRED STREET
SPARKBROOK
BIRMINGHAM
B12 8JP
BANKERS BARCLAYS BANK PLC
15 COLMORE ROW
BIRMINGHAM GROUP OF BRANCHES
B1

ANWAR-E-MADINA ACADEMY

TRUSTEES ANNUAL REPORT

The trustees present their report with the Financial Statements of the Charity for the year ended 31 March 2023.

Appointment of new Trustees:

New trustees are appointed by voting at the trustees’ meetings. The current trustees were appointed by unanimous vote at the first meeting out of a number of prospective individuals. There were no new appointments during this year.

The principal objects of the Charity are:

The Main activities undertaken to achieve the objectives:

The main activities undertaken during the year to achieve the above objectives were collection of donations by trustees from friends, relatives and general Pakistani community in the United Kingdom and providing financial support to Anwar-e-Madina College based in Rawalpindi Division of Pakistan, which was established by the charity. The charity is also providing financial support for a medical centre which provides free medical care to the students of Anwar-e-Madina College and the poor members of the neighbouring community.

STATUS

Anware-E-Madina Academy is registered with the Charity Commission (No. 1108373) and constituted by Deed of Trust.

RESERVE POLICY

Cash reserves at the end of the year are generally carried forward to the following year to meet future costs.

Most of the financing requirements necessary for the projects came from the community in the form of donations.

BY ORDER OF CHARITY TRUSTS

MR MOHAMMED ISHTIAQ Trustee

01 AUGUST 2023

INDEPENDENT EXAMINERS REPORT

TO THE TRUSTEES OF

ANWAR-E-MADINA ACADEMY

We report on the accounts of Anwar-E-Madina Academy year ended 31 March 2023 which are set out on pages 4 to 7.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

As the Charity’s trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of Section 43(2) of the Charities Act 1993 does not apply. It is our responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under Section 43(7)(b) of the Act, whether particular matters have come to my attention.

BASIS OF INDEPENDENT EXAMINER’S REPORT

Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts.

INDEPENDENT EXAMINER’S STATEMENT

In accordance with our examination, no matter has come to our attention:

Kaiser Nouman Nathan LLP 57 Alfred Street Sparkbrook Birmingham B12 8JP

01 AUGUST 2023

ANWAR-E-MADINA ACADEMY

STATEMENT OF FINANCIAL ACTIVITIES

YEAR ENDED 31 MARCH 2023

Notes
INCOME AND EXPENDITURE
INCOMING RESOURCES:
INCOMING RESOURCES FROM
GENERATED FUNDS:
Voluntary Income
Tax Reclaimed - Gift Aid (2023)
TOTAL INCOMING RESOURCES
RESOURCES EXPENDED
GOVERNANCE COSTS
2
TOTAL RESOURCES EXPENDED
NET DEFICIT / (RESOURCES EXPENDED)
FUNDS BALANCES B/F 1.4.22
FUNDS BALANCES C/F 31.3.23		 Unrestricted
Funds
£
40,357
6,884
_
47,241
_
41,493
_
41,493
_
5,748
28,133
_
33,881
======		 Restricted
Funds
2023
Total
2022
£
£
£
-
40,357
28,451
-
6,884
4,814
_
_
_
-
47,241
33,265
_
_
_
-
41,493
31,023
_
_
_
-
41,493
31,023
_
_
_
-
5,748
2,242
-
28,133
25,891
_
_
_
-
33,881
28,133
======
======
======




_
=



_
=

ANWAR-E-MADINA ACADEMY

BALANCE SHEET AS AT 31 MARCH 2023

Notes
2023

£
£
£
CURRENT ASSETS
Debtors and Prepayments
3
6,884
4,814
Cash in Hand & at Bank
27,357
24,039


_
34,241
__
CREDITORS: Due within one year
Creditors and Accruals
4
360
__
TOTAL ASSETS LESS CURRENT LIABILITIES
33,881
=======
FUNDS
Unrestricted
33,881
Restricted
-
_____
33,881
=======
Approved on behalf of the trustees		 2022
£



28,853
720
_
28,133
=======
28,133
-
_
28,133
=======

MR MOHAMMED ISHTIAQ Trustee

01 AUGUST 2023

ANWAR-E-MADINA ACADEMY

NOTES TO THE ACCOUNTS

YEAR ENDED 31 MARCH 2023

1) ACCOUNTING POLICIES

(a) Convention

The accounts have been prepared in accordance with the historical cost convention and in accordance with applicable accounting standards and the statement of Recommended Practice on Accounting by Charities.

(b) Depreciation

Depreciation is provided, where applicable on tangible fixed assets in order to write off those assets over their anticipated useful lives.

(c) Income

Income is included in the income and expenditure account as soon as its receipt becomes due.

2. GOVERNANCE COSTS
Donations to Anwar-e-Madina College
Bank Charges and Interest
Accountancy and Book Keeping
Events Organised
3. DEBTORS AND PREPAYMENTS
Tax Reclaim for New Gift Aid (2023)
4. CREDITORS AND ACCRUALS
Accountancy		 Unrestricted
£
40,980
113
400
-
_____
41,493
=========
Unrestricted
£
6,884
========
Unrestricted
£
360
======		 2023
2022
Restricted
Total
£
£
£
-
40,980
30,000
-
113
163
-
400
360
-
-
500
_____
____
____
-
41,493
31,023
=========
=========
=========
2023
2022
Restricted
Total
£
£
£
-
6,884
4,814
========
========
========
2023
2022
Restricted
Total
£
£
£
-
360
720
======
======
======

ANWAR-E-MADINA ACADEMY

MANAGEMENT COMMITTEE AND INDEPENDENT EXAMINERS

RESPONSIBILITY FOR THE ACCOUNTS

1. MANAGEMENT COMMITTEE’S RESPONSIBILITIES

The management committee is required to prepare the financial statements for each period which give a true and fair view of the statements of affairs of the projects as at the end of the accounting year and of the incoming resources and application of resources for the year. In preparing the accounts suitable accounting policies have been used and applied consistently and reasonable and prudent judgements and estimates have been made. Applicable accounting standards have been followed. The accounts have been prepared on the going concern basis. The management committee is also responsible for ensuring that proper accounting records are kept and sufficient internal controls maintained to safeguard the assets of the projects and detect fraud or any other irregularities.

2. INDEPENDENT EXAMINER’S RESPONSIBILITIES

The examiner is required to carry out procedures specified within the general directions given by the Charity Commissions.

The Independent Examiner will also report to the members if the following requirements are not met:-